Form 4: Levi Strauss & Co. Director Beraud Reports Stock Conversion and Acquisition of Restricted Stock Units

Director Jill Beraud reported converting Class B Common Stock to Class A Common Stock and acquiring restricted stock units in Levi Strauss & Co.

Summary

• On April 23, 2025, Jill Beraud, a director of Levi Strauss & Co., converted 108,679 shares of Class B Common Stock into Class A Common Stock.
• Beraud also acquired 11,690 restricted stock units (RSUs) which represent a contingent right to receive one share of the issuer's Class A Common Stock upon settlement.
• The RSUs will vest in full the earlier of the day before the next annual stockholder meeting or the first anniversary of the grant date.
• Following these transactions, Beraud beneficially owns 172,446 shares of Class A Common Stock and 13,894 derivative securities.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects standard insider transactions. The acquisition of RSUs could be seen as a slightly positive sign of confidence.

Positives

• The acquisition of restricted stock units indicates confidence in the company's future performance.

Future Outlook

The RSUs will vest in full the earlier of the day before the next annual stockholder meeting or the first anniversary of the grant date, indicating a future event tied to stock ownership.

Industry Context

Form 4 filings are standard disclosures for company insiders and provide transparency into their transactions, which can influence investor sentiment.

Stakeholder Impact

• The transactions may influence investor perception of the company's stock.

Key Dates

Keywords

Form 4, Levi Strauss & Co, Director, Stock Conversion, Restricted Stock Units, LEVI, Beneficial Ownership